Air New Zealand Dividend
Dividend criteria checks 4/6
Air New Zealand is a dividend paying company with a current yield of 7.48% that is well covered by earnings.
Key information
7.5%
Dividend yield
21%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.097 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AIZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: AIZ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Air New Zealand Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AIZ) | 7.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Airlines) | 2.8% |
Analyst forecast in 3 Years (AIZ) | 7.6% |
Notable Dividend: AIZ's dividend (7.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: AIZ's dividend (7.48%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.6%), AIZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26%), AIZ's dividend payments are well covered by cash flows.